Economy
Greece extends debt prepayment strategy with first repayment of EFSF loans
Greece announced this week that it intends to continue the debt prepayment strategy that the Public Debt Management Agency (PDMA) has employed since 2019, with another prepayment of 4.7 billion euros to take place before the end of the year.
Primary balance at 5.73 bln up to July as RRF-related spending revs up
The budget primary balance landed at a surplus of 5.73 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
Greece’s import price index recorded another sharp rise of 6.9 percent year-on-year (YoY) in June, after a jump of 13.3 percent in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
The number of vehicles going into circulation for the first time slowed in July, with a drop of 1.2 percent year-on-year (YoY), after an increase of 8.3 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Industrial Production slows to 1.1% YoY in June as only manufacturing grows
Greece’s Industrial Production Index (IPI) slowed in June with a rise of 1.1 percent year-on-year (YoY), from 3.7 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Trade deficit continues to drop, falling by 5% in H1
Greece’s trade deficit continued its sharp decline in June with an 18.1 percent year-on-year (YoY) drop, after a fall of 15.7 percent in May, according to data released by ELSTAT on Friday.
CPI slows to 3.4% YoY in July as energy effects moderate
Greece’s Consumer Price Index (CPI) growth further decelerated in July with a rise of 3.4 percent year-on-year (YoY), from 4.4 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Manufacturing conditions continued to improve in July, despite cost pressures
Greece’s manufacturing PMI rose to 54.3 points in July, from 53.8 points in the previous month, S&P Global data showed on Wednesday.
Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
Alpha Bank reported a net profit of 497.2 million euros in H1, compared to a profit of 522.2 million euros in H1 2025, a drop of almost 5 percent.
Fuels propel 10.1% rise in retail sales for May despite volume drop
The growth of Greece’s retail sales accelerated with 10.1 percent year-on-year (YoY) rise in May, after an increase of 4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.